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China'S Cotton Import Monthly Report In July 2011

2011/8/22 12:48:00 30

A large number of new cotton arrived in Hong Kong in July Imported The number of cotton rebounded sharply for the first time since the decline in March. Australia surpassed the United States as the largest source country in the month, and the number of African cotton also increased by a large margin. As the price of cotton in Australia and other countries continues to fall, and its share is large, the average price of China's imported cotton has fallen for the second consecutive month. 70% of imported cotton uses sliding standard tax quota, and 30% uses internal tariff quota.

According to the statistics of China's customs, the import of cotton increased by 37000 tons compared with that in 2011 Same period The average import price was US $3110 / T, down $51 or 1.6% from June. In the first seven months of 2011, 1.48 million tons of cotton were imported, a decrease of 13.4% compared with the same period of last year; in the first 11 months of 2010, the total imports were 2.37 million tons, an increase of 4.6% year-on-year.

Among the various modes of trade, only processing with supplied materials Trade The import volume has declined, but its proportion is less than 1%. The shares of other modes remain relatively stable. General trade still ranks first with a share of nearly 60%.

Among the import source countries, Australia's cotton continued to grow significantly, becoming the largest source country, with 71800 tons of cotton imported in the month, 1.2 times higher than that of the previous month, and its share rose to 45.7%; the United States fell to the second place, with a total import of 53000 tons, a decrease of 16.9% compared with June, and a share of only 33.8%, a decrease of 20 percentage points compared with the previous month; African cotton continued to grow, of which Mali cotton exceeded 10000 tons, and its share increased Although the cotton production in India has recovered, it is only 2161 tons, and its share is still small.

The average import and export price of each bonded place goods The other three modes of trade and processing increased slightly. The highest average price was for inbound and outbound goods at bonded supervision sites, which was US $3428 / T, up 1.31% on a month on month basis; the second was import processing mode, which was US $3421 / T, up 0.77% month on month; the mode of logistics goods in special customs supervision areas was 3400 US dollars / ton, down 1.08% month on month; the average prices of general trade and processing with supplied materials were below 3000 US dollars / ton, respectively 2891 US dollars/ Tons and 2418 US dollars / ton, down 2.76% and 6.79% month on month.

The price of the three major import source countries was the highest in the United States, with an average import price of 3548 US dollars / ton, up 4.77% month on month; Australia was 2954 US dollars / ton, down 1.2% month on month.